Cost of Living in Stoughton, WI
Housing
The housing market plays a significant role in determining the cost of living in Stoughton, WI.
- Housing Index: 110.7 / 100
- Median Home Price is: $268000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1360 per month
When considering a move to Stoughton, WI, the housing landscape presents some noteworthy insights. With a housing index of 110.7, it indicates a housing market slightly above the national average. A median home price of 268000 makes it relatively accessible, especially compared to many urban areas. Monthly rents for a 2-bedroom apartment average 1200, while a 2-bedroom house averages 1360. It's crucial to factor in income levels and local amenities while deciding, as these elements greatly influence living experience and budget sustainability.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Stoughton, WI.
- Electricity Price: $17.6 USD (median by state)
- Natural Gas Price: $11.5 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Stoughton, WI could entail higher utility costs. Electricity costs sit at $17.6, while natural gas is priced at $11.5 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Stoughton is a financially viable option for your relocation.